(b) Prepare a retained earnings statement for the year ended December 31, 2022. (List items that increase retained earnings first.) BLOSSOM COMPANY Retained Earnings Statement $ $ e Textbook and Media List of Accounts View Policies Current Attempt in Progress These items are taken from the financial statements of Blossom Company at December 31, 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends $22,600 2,400 55,300 16,700 15,500 3.000 Service revenue Prepaid insurance Maintenance and Repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment 16,000 14,500 84,000 4,000 2,000 3,400 14,600 2,600 45,700 17,700